The Debt/Equity of Long Term Care Operations 360 Inc. is -1.00
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Long Term Care Operations 360 Inc. operates restaurants primarily focusing on crawfish in the People's Republic of China. The company operates a network of 42 Princess Qiao fast food restaurants in Shanghai; and 18 Li-Rong Home restaurants located in Beijing, Tianjin, Wuhan, and other capital cities. It serves medium to high income individuals and families. The company founded in 2002 and is based in Los Angeles, California.